TOMPKINS FINANCIAL CORP
For the period ended Jun 30, 2025. Filed Aug 5, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 5, 2025
TMP$99.44-0.6%Stored close · as of Nov 6, 2026
Contents
Consolidated Statements of Income for the three and six months ended June 30, 2025 and 2024 (Unaudited)
CONSOLIDATED STATEMENTS OF INCOME
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| (In thousands, except per share data) (Unaudited) | 06/30/2025 | 06/30/2024 | 06/30/2025 | 06/30/2024 |
| INTEREST AND DIVIDEND INCOME | ||||
| Loans | $82,293 | $73,646 | $160,923 | $145,245 |
| Due from banks | 187 | 184 | 362 | 338 |
| Available-for-sale debt securities | 9,311 | 9,371 | 18,040 | 18,982 |
| Held-to-maturity debt securities | 1,220 | 1,219 | 2,437 | 2,437 |
| Federal Home Loan Bank and other stock | 635 | 820 | 1,346 | 1,421 |
| Total Interest and Dividend Income | 93,646 | 85,240 | 183,108 | 168,423 |
| INTEREST EXPENSE | ||||
| Time certificates of deposits of $250,000 or more | 4,140 | 4,048 | 8,647 | 8,058 |
| Other deposits | 23,339 | 21,236 | 45,482 | 41,660 |
| Federal funds purchased and securities sold under agreements to repurchase | 61 | 11 | 102 | 24 |
| Other borrowings | 5,976 | 8,992 | 12,085 | 17,053 |
| Total Interest Expense | 33,516 | 34,287 | 66,316 | 66,795 |
| Net Interest Income | 60,130 | 50,953 | 116,792 | 101,628 |
| Less: Provision for credit loss expense | 2,780 | 2,172 | 8,067 | 3,026 |
| Net Interest Income After Provision for Credit Loss Expense | 57,350 | 48,781 | 108,725 | 98,602 |
| NONINTEREST INCOME | ||||
| Insurance commissions and fees | 9,609 | 9,087 | 21,208 | 19,346 |
| Wealth management fees | 4,964 | 4,849 | 10,083 | 9,786 |
| Service charges on deposit accounts | 1,790 | 1,766 | 3,595 | 3,562 |
| Card services income | 3,150 | 3,278 | 5,776 | 6,217 |
| Other income | 2,998 | 2,802 | 6,867 | 5,022 |
| Net gain (loss) on securities transactions | 1 | (6) | 15 | (20) |
| Total Noninterest Income | 22,512 | 21,776 | 47,544 | 43,913 |
| NONINTEREST EXPENSE | ||||
| Salaries and wages | 26,368 | 24,919 | 51,345 | 49,616 |
| Other employee benefits | 7,162 | 6,545 | 14,262 | 12,956 |
| Net occupancy expense of premises | 3,108 | 3,139 | 6,678 | 6,696 |
| Furniture and fixture expense | 2,069 | 1,910 | 3,856 | 4,035 |
| Amortization of intangible assets | 84 | 80 | 168 | 156 |
| Other operating expense | 12,832 | 13,349 | 25,921 | 26,340 |
| Total Noninterest Expenses | 51,623 | 49,942 | 102,230 | 99,799 |
| Income Before Income Tax Expense | 28,239 | 20,615 | 54,039 | 42,716 |
| Income Tax Expense | 6,768 | 4,902 | 12,889 | 10,100 |
| Net Income Attributable to Noncontrolling Interests and Tompkins Financial Corporation | 21,471 | 15,713 | 41,150 | 32,616 |
| Less: Net Income Attributable to Noncontrolling Interests | 0 | 31 | 0 | 62 |
| Net Income Attributable to Tompkins Financial Corporation | $21,471 | $15,682 | $41,150 | $32,554 |
| Basic Earnings Per Share | $1.51 | $1.10 | $2.89 | $2.29 |
| Diluted Earnings Per Share | $1.50 | $1.10 | $2.87 | $2.29 |
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